Current Account

What Does Current Account Mean?
The difference between a nation's total exports of goods, services and transfers, and its total imports of them. Current account balance calculations exclude transactions in financial assets and liabilities.

Investopedia explains Current Account
The level of the current account is followed as an indicator of trends in foreign trade.

Related Terms

Balance Of Payments - BOP
Balance Of Trade - BOT
Cash In Advance
Current Account Deficit
Economics
Forex - FX
Net Borrower
Surplus Spending Unit
More Related Terms

Related Links

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Forex Tutorial: The Forex Market - In this online tutorial, beginners and experts alike can learn the ins and outs of the retail forex market.
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What is a trade deficit and what effect will it have on the stock market?

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